BUFFALO, N.Y. — Wythe Will Tzetzo, LLC, a leading packager and distributor of confections, nuts, and specialty foods, announced today that it has changed the name of the company to First Source, LLC.
“The name First Source more accurately reflects our strategy of being the premier supplier of candy, nuts, snacks and specialty gourmet products to America’s retailers in all classes of trade” said CEO Keith McDaniel. “This is the next logical step as we serve our customers from coast to coast.”
The company has grown significantly in recent years, primarily as the result of the combination of Wythe Will Distributing of Williamsburg, VA and Lebanon, TN, Tzetzo Bros of Buffalo, NY and Garvey Nut & Candy of Los Angeles, CA. First Source is a portfolio company of Slate Capital Group based in Baltimore, MD.
In 2013, the company increased its capacity and added new packaging technologies (such as zipper stand up pouch packaging), upgraded its packaging equipment, and moved into a new, larger facility in Southern California. Future plans include construction of a new 310,000 square foot facility in Western New York that will allow it to operate manufacturing, packaging and distribution all from under one roof.
McDaniel added “We are really seeing the positive effects of having facilities across the country. National retailers are now serviced by whichever facility is closest to each of its locations. These efficiencies are just the first of many programs that will combine our buying power and the operational expertise of our colleagues coast to coast.”
First Source has also added a new dynamic logo and a website (www.First-Source.com), which will become a one-stop information center for its customers.
McDaniel continued “We are very excited about our growth and the progress we have made since we became Wythe Will Tzetzo and are extremely enthusiastic about the opportunities in front of us as First Source. Our standards of Quality – Consistency – Integrity will continue to be the commitment we make to the vendors and customers we consider our business partners.”
About First Source, LLC
First Source, LLC is a leading provider of national branded, unbranded, and private label confectionery products, nuts, snacks and specialty foods sold to retailers throughout the United States.
The company provides value added packaging as well as bulk distribution of chocolate, non-chocolate confectionary, fruit & nut mixes and specialty products. With a history dating back to 1927, First Source has grown steadily through both organic expansion and acquisition to be one of the largest and most reputable players in specialty food and candy packaging and distribution, with expertise in worldwide sourcing, warehousing, and transportation logistics. The company’s facilities are located in Buffalo, NY, Williamsburg, VA, Lebanon, TN, and Los Angeles, CA. As a leading value-added single source, the company provides over 10,000 SKUs from over 500 domestic and international suppliers at multiple price points in a variety of formats and configurations to over 30,000 retail locations, including large national grocers, alternative retailers, convenience chains, and independent retailers. The company’s brand names include Mayfair Sales, Holiday Candy, Alpine Valley, Nature’s Fuel, Basket Stuffers, Valentine Stuffers, Candy Carnival, Henry Street, Kids Play, Select Sweets, and Totally Sour.
About Slate Capital Group
Slate Capital Group is a leading private equity investment group based in Baltimore, Maryland that partners with lower-middle market companies. With a focus on companies in the Mid-Atlantic region, Slate Capital provides liquidity to business owners as well as growth capital to businesses for further expansion. The principals of Slate Capital have significant experience in both running small-to-mid- sized companies and investing in venture capital and leveraged buyout transactions. Slate Capital’s primary areas of focus include business services, distribution, light manufacturing, direct marketing, food & beverage, for-profit education, consumer and retail investments. Additional information can be found at www.SlateCap.com.